Macquarie buys US trader
Australia's Macquarie Bank Group is buying US energy marketing and trading company Cook Inlet Energy Supply. Los Angeles-based Cook Inlet provides physical natural gas trading, transportation and storage services to North American natural gas producers, utilities, wholesalers and industrial end-users. It currently employs 59 staff, comprising energy traders and marketers, as well as mid-office and back-office staff.
Head of Macquarie's treasury and commodities group Andrew Downe called the
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